The SORA Effect: Transforming Business Property Loan Terms in Singapore
OTCredit Writer2025-05-20T16:45:45+08:00The financial landscape in Singapore is witnessing a significant shift with the transition from the Swap Offer Rate (SOR) and Singapore Interbank Offered Rate (SIBOR) to the Singapore Overnight Rate Average (SORA). This change, initiated by the Monetary Authority of Singapore (MAS), marks a new era in determining interest rates for various financial [...]